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To: Sig who wrote (85147)12/13/1998 11:38:00 PM
From: Ian Davidson  Read Replies (2) | Respond to of 176387
 
Does anyone have any info on how the overseas markets are doing? On yahoo they're stuck on Dec.11th:

quote.yahoo.com

Ian



To: Sig who wrote (85147)12/13/1998 11:44:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
'Who,me worry?' says Rubin and I.<g>

sig:
Thanks for the PM,no not worried,you got that right and Rubin says too.

=============================================

The outlook for the U.S. economy remains good, despite economic problems still gripping Russia and some countries in Asia, U.S. Treasury Secretary Robert Rubin said in a television interview broadcast Saturday.

AP

CBS said that Rubin, when asked about rumors that he planned to resign, had noted that those rumors had been around for some time



"We've really come through this very well so far. I think that if you look out into the next year, the most likely scenario still is solid growth and low inflation," Rubin said in a taped interview with CBS.

He said different countries faced different sets of problems around the world after financial turmoil that started in Asia and spread earlier this year to Russia.

"Russia is really facing an extremely difficult situation," he said.

Turning to Japan, he said, "It is absolutely critical, in my judgement, for the economic well being of the rest of the world that Japan get back on track."

Tokyo has recently begun to take steps to stimulate its economy after repeated calls from the United States and other countries that it do so.

CBS said that Rubin, when asked about rumors that he planned to resign, had noted that those rumors had been around for some time and added his mind was completely focused on his job. That section of the interview was not broadcast.